What an odd day for the stock market. There was a posted 72 point gain on the DOW, but from the looks up the stocks, it looked like a down day. The commodities were all down in a day to which we saw continued job losses for a 6th month. Oil continues to break record highs and there is the commodities that are supposed to be a hedge, but instead are going down some more. Uranium stocks decreased, silver stocks decreased, and this happens before a national holiday. I expect a big gain on monday for the commodities. I feel there is still tons of shorting occurring in the market, and the hedge funds are making the most of their liquidity. CDE continued to move lower to almost $2.50, but I think the long-term view is still the same and the more it drops, the better to start dollar cost averaging and making money in the long term.
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